Accounting Information System And Firm Performance: A Study Of Selected Manufacturing Companies In Port Harcourt



Reference code: c043

ABSTRACT
This research project investigated the impact of accounting information system on the performance of manufacturing companies in Port Harcourt, Nigeria. In order to achieve the objectives of the stdy, two hypotheses were formulated and data collected through the issue 91 structured questionnaires to accounting staff of 22 manufacturing companies. data collected was analysed using Pearson Coefficient of Correlation. our findings showed that: The study showed that there is a positive and significant relationship between the implementation of accounting information systems and the profitability of manufacturing companies. The study also showed that there is a positive and significant relationship between the implementation of accounting information systems and the productivity of manufacturing companies. Given our findings, we conclude that: The implementation of adequate accounting information induces profitability in manufacturing companies. We also conclude that the implementation of adequate accounting information systems is a productivity driver in manufacturing companies. Given our findings and conclusions, we make the following recommendations: Manufacturing companies should continue to implement and upgrade their accounting information systems in order to continue to drive profitability of manufacturing companies should provide adequate training in the proper implementation and use of accounting information systems.


INTRODUCTION

................ An accounting system is one of the most effective decision making tools of management as it provides an orderly method of gathering and organising information about the various business transactions so that it may be used as an aid to management in operating the business (Copeland and Dascher, 1978). Accounting information also may help managers understand their tasks more clearly and reduce uncertainty before making their decisions (Chong, 1996). Thus, Accounting Information system is vital to all organisations and perhaps, every organisation either profit or non profit oriented need to maintain an Accounting Information System as no organisation is exempted from decision making in their operations.
As we all know, accounting speaks the language of business as it records all transactions of an individual firm or other bodies that can be expressed in monetary terms. Predicated on the going concept, accounting is the scheme and art of collecting, classifying, summarizing and communicating data of financial nature required to make economic decisions. Accounting information is an ingredient in most, if not all, financial managerial decisions. In developed economies, these decisions are worth billions of dollars each year. In some cases, the decisions are lacking in quality. Consequently, if researches can improve decision making through improved information, society will benefit.
Accounting system, in recent times, has tended to be a system of information that does not stop at limits of data and financial information, but also it includes data and descriptive and quantitative information which is useful in decision making for users distinct with plurality and diversity. Such users include current and potential investors, lenders, suppliers, creditors, customers, governments and the public in addition to the administration, which is its responsibility to prepare the accounting programs and displaying it, that information must be capable of achieving the goal that it has been prepared for. Hence the role of Accounting Information System for effective decision making cannot be over emphasized.
It is noteworthy to say here that Accounting Information System derives its source from accounting data. Accounting Information Systems produce results which enhances decision making. Hence, it can safely be concluded that Accounting Information System is not an end in itself but a means to an end i.e. decision making to improve corporate performance. Accounting Information System produces detailed and comprehensibble ...............
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TABLE OF CONTENTS

PRELIMINARY PAGES
COVER PAGE - - - i
TITLE PAGE - - - ii
DECLARATION - - iii
CERTIFICATION - - iv
DEDICATION - - - v
ACKNOWLEDGEMENT - - vi
ABSTRACT - - vii
TABLE OF CONTENTS - viii

CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY 1
1.2 STATEMENT OF RESEARCH PROBLEM 4
1.3 PURPOSE OF THE STUDY 5
1.4 STATEMENT OF RESEARCH QUESTION 6
.5 RESEARCH HYPOTHESES 6
1.6 SIGNIFICANCE OF THE STUDY 6
1.7 SCOPE AND LIMITATION OF STUDY 7
1.8 ORGANIZATION OF STUDY 8

CHAPTER TWO
REVIEW OF RELEVANT LITERATURE
2.1 THEORETICAL FRAMEWORK 10
2.1.1 Contingency Theory 10
2.1.2 Agency Theory 11
2.1.3 Behavioural Theory 13
2.2 CONCEPTUAL FRAMEWORK 14
2.3 REVIEW OF RELEVANT EMPIRICAL LITERATURE 30

CHAPTER THREE
RESEARCH METHODOLOGY
3.0 INTRODUCTION 35
 3.1 RESEARCH DESIGN 35
3.2 POPULATION FOR THE STUDY 36
3.3 SAMPLE AND SAMPLING TECHNIQUE 36
3.4. NATURE/SCOPE OF DATA 37
3.4.1 Primary Source 37
3.4.2 Secondary Source 37
3.4.3 Questionnaire design 36
3.5 METHOD OF DATA COLLECTION 36
3.6 METHODS OF DATA ANALYSIS 38
3.7 VALIDITY AND RELIABILITY OF INSTRUMENT 39

CHAPTER FOUR
DATA PRESENTATION, ANALYSIS AND INTERPRETATION
4.1. INTRODUCTION 41
4.2. DATA ANALYSIS AND INTERPRETATION 42
4.3. TESTING OF HYPOTHESES 48

CHAPTER FIVE
SUMMARY CONCLUSIONS AND RECOMMENDATIONS
5.1 SUMMARY OF FINDINGS 52
5.2 CONCLUSIONS 53
5.3 RECOMMENDATIONS 53
BIBLIOGRAPHY 54

Reference code: c043

71 Pages
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BUDGETARY CONTROLS AND MANAGEMENT EFFECTIVENESS IN ORGANISATIONS: A Study of Selected Firms in Port Harcourt


Reference code: C032

ABSTRACT
This study examined the relationship between budgetary control measures and managerial effectiveness in business organisations in Port Harcourt. In order to achieve the objectives of the study, one hypothesis was formulated and data collected through the issue of 72 questionnaires out of which 60 were correctly completed and returned. The data collected was analysed using Pearson Correlation and Statistical Package for Social Sciences (SPSS). Following the data analyses, the following findings were made: there is a significant and positive relationship between budgetary control measures and management effectiveness. The implication of this finding is that as the firm introduces budgetary control measures, management becomes more effective, budgetary control system is an important tool for planning, controlling and coordination the activities in an organization thereby contributing to achieve a higher standard of performance. We concluded that: it is quite necessary for organisations to introduce stringent budgetary control measures in their organisation. We also conclude that management effectiveness will be better achieved when organisations implement good budgetary control measures. Finally, we recommend that: Budgetary control should be the main concern in organizations amongst other control techniques as this will help the organisation in achieving set objectives. The researcher recommends that organizations that desire higher performance must implement and adhere to budgets and budgetary control.


INTRODUCTION

............. Wants are numerous while resources are limited but there is every tendency to waste or under-utilise the limited resources by the human factor involved in the production of goods and services. With various companies competing with one another, only few that are able to produce at least possible cost will survive the growing competition in the market. Therefore, it is paramount for every serious business undertaken to produce at that possible minimum cost so as to remain in business and also achieve the corporate objectives of profitability and stability.
In view of this, there is every need to do a realistic planning of the activities of the firm taking into consideration the limiting factors and the long term objectives of the firm. In order to achieve this, budgeting – a tool of planning and control becomes indispensable. Budgeting is ubiquitous and has long been considered as a necessary tool in managing a company.
A budget has been defined by Chartered Institute of Management Accountants (CIMA), as “a financial or qualitative statement prepared and approved prior to a defined period of time for the purpose of attaining a given objective. It may include income, expenditure and the employment of capital”. CIMA also defined budgetary control as “the establishment of budgets relating the responsibilities of executives to the requirements of a policy and the continuous comparisons of actual with budgeted results, either to secure by individual action the objectives of that policy or to provide a basis for its revision.
Horngreen (1982) defined a budget as “a quantitative expression of a plan of action and an aid to coordination and implementation”. The Oxford Advanced Learners? dictionary defined budget as an estimate or plan of the money available to somebody and how it will be spent over a period of time.
Both Horngreen and the dictionary emphasised the word plan, but planning itself is found in all aspect of human endeavour, hence planning is a blue print of business growth and a road map for development that helps in ..............
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89 Pages

TABLE OF CONTENT

CHAPTER ONE: INTRODUCTION
1.1 BACKGROUND OF THE STUDY  
1.2 STATEMENT OF THE PROBLEM  
1.3 PURPOSE OF THE STUDY  
1.4 RESEARCH QUESTIONS  
1.5 RESEARCH HYPOTHESES  
1.6 SIGNIFICANCE OF THE STUDY
1.7 SCOPE OF THE STUDY  
1.8 LIMITATION OF THE STUDY
1.9 DEFINITION OF TERMS  
1.10 ORGANIZATION OF THE STUDY    
REFERENCES


CHAPTER TWO:  LITERATURE REVIEW
2.0 INTRODUCTION
2.1 CONCEPT OF MANAGEMENT CONTROL
2.2 THE BUDGET
2.2.1 Characteristics of a Budget
2.2.2 Types of Budget
2.3 PREPARATION OF BUDGET & BUDGETARY CONTROLS
2.3.1 The Budget Cycle
2.3.2 The Budget Period
2.3.3 Purposes of Budget Preparation
2.3.4 Budgetary Controls  
2.4 THE BUDGET AS A TOOL FOR MEASURING FINANCIAL PERFORMANCE
2.5.1 BENEFITS OF A BUDGET
2.5.2 CHALLENGES OF A BUDGET
2.6 CRITERIA FOR MEASURING BUDGET PERFORMANCE
REFERENCES

CHAPTER THREE: RESEARCH METHODOLOGY
3.1 INTRODUCTION
3.2 RESEARCH DESIGN  
3.3 POPULATION OF STUDY
3.4 SAMPLE SIZE AND SAMPLING TECHNIQUE
3.5 SOURCES OF DATA
3.5.1 INSTRUMENTS FOR DATA COLLECTION
3.5.3 VALIDITY AND RELIABILITY OF INSTRUMENTS
3.5.4 ADMINISTRATION OF INSTRUMENTS
3.6 METHOD OF DATA ANALYSIS
3.7.1 CORRELATION
REFERENCES

CHAPTER FOUR: DATA PRESENTATION AND ANALYSES
4.1 INTRODUCTION
4.2 DATA PRESENTATION
4.3 HYPOTHESIS TESTING

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATIONS
5.1 INTRODUCTION  
5.2 SUMMARY OF FINDINGS
5.3 CONCLUSION
5.4 RECOMMENDATIONS
BIBLIOGRAPHY

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.0 INTRODUCTION
4.1 DATA PRESENTATION
4.2 DATA ANALYSIS
4.3 TESTING OF HYPOTHESES
4.4 DISCUSSION OF FINDINGS

CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSIONS AND RECOMMENDATIONS
5.1 SUMMARY OF FINDINGS
5.2 CONCLUSION
5.3 RECOMMENDATIONS
REFERENCES
APPENDIX

89 Pages

Reference code: C032

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c032

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0803-544-6622 OR  0815-5122-322






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PAYMENT INSTRUCTIONS

The research work you selected is N3500 Only!
Please pay the stipulated amount into the account 
below and we will send it to you within 
1 hours of confirming payment.

Account Name: Optistrat Nig Ltd

Account Number: 0131-869-544
Account Type: Current Account
Bank Name: Guaranty Trust Bank (GTB)

After making payment text the following 

information to: 
0803-544-6622 OR 0815-5122-322.

Your name: Name on the bank teller, 

Teller Number (bank deposit) or 
Transaction ID (for bank transfer), 
Email Address and Project Ref Code 
To: 0803-544-6622 OR  0815-512-2322

Example: 

Elizabeth Hassan, 
009876lizzyhassan@gmail.com, 
C032

To: 
0803-544-6622 OR  0815-5122-322




Go back to Homepage to view a list of our well researched, fully supervised and approved Accounting and Banking and Finance Project Topics and Materials. 





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